NJ lawmaker: Don't let Caesars buy Revel casino - FOX 10 News | myfoxphoenix.com

NJ lawmaker: Don't let Caesars buy Revel casino

Posted: Updated:
Photo by Arun Kristian Das Photo by Arun Kristian Das

ATLANTIC CITY, N.J. (AP) - A New Jersey State senator wants regulators to prevent the world's largest casino company from adding to its portfolio in Atlantic City.

Sen. James Whelan, a former Atlantic City mayor, said he voiced concern to casino regulators and Gov. Chris Christie's office that the potential sale of Revel to Caesars Entertainment would violate a provision of New Jersey law prohibiting one company from owning too much of the casino market.

Caesars, which already owns four of the city's 11 casinos, is among potential buyers cited in published reports.

Bloomberg News reported Caesars is considering a bid for Revel, while the New York Post says Hard Rock International is doing likewise.

Neither company would comment.

Revel is considering selling itself, or making a second bankruptcy filing.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • New Jersey NewsNew Jersey NewsMore>>

  • Skydiver dies after crashing into NJ backyard

    Skydiver dies after crashing into NJ backyard

    Sunday, April 20 2014 10:56 PM EDT2014-04-21 02:56:44 GMT
    New Jersey NewsNew Jersey News
    A 49-year-old sky diver from Brooklyn died after crashing into the backyard of a home in New Jersey. According to officials, Arkady Shenker wore a specialized parachute during the jump. Shenker was known to be an experienced skydiver who had over 300 jumps under his belt.
    A 49-year-old sky diver from Brooklyn died after crashing into the backyard of a home in New Jersey. According to officials, Arkady Shenker wore a specialized parachute during the jump. Shenker was known to be an experienced skydiver who had over 300 jumps under his belt.
  • Boxer Rubin 'Hurricane' Carter dies at 76

    Boxer Rubin 'Hurricane' Carter dies at 76

    New Jersey NewsNew Jersey News
    Rubin "Hurricane" Carter, the boxer whose wrongful murder conviction became an international symbol of racial injustice, has died at 76.
    Rubin "Hurricane" Carter, the boxer whose wrongful murder conviction became an international symbol of racial injustice, has died at 76.
  • Officer struck in hit and run fighting for his life

    Officer struck in hit and run fighting for his life

    Saturday, April 19 2014 6:28 PM EDT2014-04-19 22:28:45 GMT
    Bergen County Police Officer Daniel Breslin is fighting for his life at New Jersey's Hackensack Hospital. Officials say Officer Breslin was hit from behind by another vehicle on Route 46 west in Lodi around 2am Saturday morning. Officer Breslin had stopped parallel to another officer's vehicle because that officer was having problems with his radio.Without warning, cops say a Ford Fusion then slammed into Officer Breslin's vehicle.
    Bergen County Police Officer Daniel Breslin is fighting for his life at New Jersey's Hackensack Hospital. Officials say Officer Breslin was hit from behind by another vehicle on Route 46 west in Lodi around 2am Saturday morning. Officer Breslin had stopped parallel to another officer's vehicle because that officer was having problems with his radio.Without warning, cops say a Ford Fusion then slammed into Officer Breslin's vehicle.
Powered by WorldNow

KSAZ-TV & KUTP
511 W. Adams St.
Phoenix, AZ 85003

Phone: (602) 257-1234
Fax: (602) 262-0177

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices